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't afford higher taxes, especially in the obama economy. and if that's really the kind of budget senate democrats plan to offer, it would sacrifice america's hopes for sustained economic recovery at the altar of higher taxes and bloated, unaccountable government. it would also draw an important contrast with the budget republicans put forward yesterday. because here's the thing, republicans believe we should be growing the economy, not the government. growing the economy, not the government. and the house republican budget reflects just those priorities. it's a budget that does something else too. it actually balances. it actually balances. that's important for a number of reasons, not the least of which is that it would help unleash economic growth and bring down our country's massive, massive debt load. interest payments on the national debt alone are set to exceed everything we spend on defense. interest on the national debt is going to exceed everything we spend on defense in just a few years' time. so the path we're on is clearly not sustainable. with that in mind, i hope democrats
. but they keep this economy going. if you slow that down and civil dispositions, where the damages are going to be paid to someone who is the victim of a breach of contract, if you are potentially going to cause this because of criminal suits due to delayed, then you are threatening the efficiency of the legal structure. .. president clinton who signed down into the recently wrote the question is whether it is consistent with the principles of the nation that on history to, quality and justice above all and is therefore unconstitutional, and quote. in the time that his pastor 1996, my view along with president clinton and colleagues, their face and makeup of our families herbology for what i think is for the better. those of us in congress, regardless for religion or party represents you in and nothing relationships you wish to have rights granted to a sitting on sitting on the podium today. i cannot in good conscience tell my constituents that their country does not value their bond, their commitment her family. i ask you just to consider my words and thank you again. it's a privilege to ha
a crazy for years with the economy. we went to the financial crisis and the deficit kind of blew out. i think that democrats are finally trying to get back in regular order in the senate. max baucus is an interesting figure. they can do any tax changes or it entitlement changes that went through the committee. so he is sitting back and waiting for the issues to come to him. he has already had tax reform hearings. so he is one that will watch this move forward. >> democrats need only 51 votes to pass the budget outline. no doubt it will, but we can't wait to see which senators get lined up as potential sacrifices. the senators running in 2014, mary landrieu, mark begich of alaska, they might get a pass from harry reid. >> that is right. they control a couple of things, but we know that republicans are struggling with the same issue. the president is trying to give someone public and senators to work in a bipartisan way. but there's a lot of consternation in the house about house republicans. going after conservatives who look at tax increases as part of a deal. there is pressure from the
have the most developed set of economies in western europe that exist and the relationship across the atlantic constitutes nearly one third of world trade. that is why european investment in the u.s. is around eight times that of investment in india and china put together. this basis of its enormous significasignifica nce in today u.s. investment in the e.u. is three times higher than in all of asia so it speaks for itself the potential that exists there. that transatlantic relationship defines the shape of the global economy as well. so it either the e.u. or the u.s. is the largest trade and investment partner from most all of the countries in the global economy that speaks of the centralitcentralit y of the power and the potential for is fair. that is why i am happy from an irish perspective to see the high-level report produced between the e. u. and the u.s. in terms of potential has received a very positive response. i spoke to the president after his re-election and he addressed this matter in his state of the union address and last week the european council gave the theory p
housing his tour economy. some estimate housing and related interest trees are rewording 25% of our economy. until the street of housing, our broader economy will not fully recover. this is a command is a important issue to all of us. i applaud bipartisan efforts on this committee with mr. campbell and mr. peters, mr. miller and ms. mccarthy in hopeless hearings to focus on related ideas. i look forward to hearing more today about your three-part strategic plan to build company pain and contract the gses. in your efforts for a single platform and standardize part says, i believe it's a great step forward, a great development. i also believe that your efforts to maintain foreclosure prevention activities and credit availability at refinance mortgages has been successful. i also want to applaud the work with harrop, the home affordable refinance program to promote prevention at today's has had successes. one by one blade refinances have been done which nearly equals the number of subway finances the prior three years. the focus on underwater mortgages is greater than 105 want to value
to balance the budget and have billions of dollars on the table that could bolster your economy and expand coverage to hundreds of thousands of vulnerable residents. it's hard to turn that down. >> host: next to the wind come a republican in oregon. go ahead. >> caller: in front of me right now i have from white sending me paperwork on health care plan. you are not telling the people what is going to cost them. 2014 will cost $95 per adult, $47.50 per child. $162.50 per child. 34750 per child. after that it chomps for $40,500 to a single person. and that is a bronze and there must be tears to the the coverage nor the costs. we will pass it and then figure out what it means. this is exactly what you're doing i get calls all the time because they know. they are scared because they know they can afford this. you people are telling the people the truth of what is going to cost. >> host: you got that information from senator wyden's office? and you are a dog with a bone. what are you doing? are you organizing people against the affordable care act? >> caller: i have a lot of people ask me what
Search Results 0 to 5 of about 6